AMENDMENT NO. 1 TO
FORM 10Q/A
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
(X) Quarterly Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
( ) Transition Report Pursuant to Section 13 or 15(d) of the Securities
Exchange Act of 1934
For the transition period from _________________ to ________________
For Quarter Ended August 3. 1996
Commission File Number 0-15907
Exact name of registrant as specified in its charter:
PROFFITT'S, INC.
State of Incorporation: Tennessee
I.R.S. Employer Identification Number: 62-0331040
Address of Principal Executive Offices (including zip code):
P.O. Box 9388, Alcoa, Tennessee 37701
Registrant's telephone number, including area code:
(423) 983-7000
Indicate by check mark whether Registrant (1) has filed all reports
required to be filed by Section 13 or 15(d) of the Securities Exchange
Act of 1934 during the preceding 12 months (or for such shorter period
that the registrant was required to file such reports) and (2) has been
subject to such filing requirements for the past 90 days.
Yes (X) No ( )
APPLICABLE ONLY TO CORPORATE ISSUERS:
Indicate the number of shares outstanding of each of the issuer's
classes of common stock, as of the latest practicable date.
Common Stock, $.10 Par Value - 20,662,671 shares as of August 3, 1996
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
PROFFITT'S
_________________________
Registrant
9-12-96
__________________________
Date
/s/ Brian W. Bender
___________________________
Brian W. Bender
Executive Vice President and
Chief Financial Officer
(effective 5-24-96)
9-12-96
____________________________
Date
/s/ James E. Glasscock
_____________________________
James E. Glasscock
Executive Vice President of
Financial Strategies
(Executive Vice President and Chief
Financial Officer through 5-23-96)
<TABLE> <S> <C>
<ARTICLE> 5
<LEGEND>
This schedule contains summary financial information extracted from the
Condensed Consolidated Balance Sheet as of August 3, 1996 and the Condensed
Consolidated Statement of Income for the six months ended August 3, 1996
(unaudited) and is qualified in its entirety by reference to such financial
statements.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> FEB-01-1997
<PERIOD-END> AUG-03-1996
<CASH> 2,022,000
<SECURITIES> 0
<RECEIVABLES> 25,817,000
<ALLOWANCES> 0
<INVENTORY> 307,806,000
<CURRENT-ASSETS> 366,085,000
<PP&E> 387,774,000
<DEPRECIATION> 0
<TOTAL-ASSETS> 827,186,000
<CURRENT-LIABILITIES> 161,618,000
<BONDS> 300,448,000
0
0
<COMMON> 0
<OTHER-SE> 365,120,000
<TOTAL-LIABILITY-AND-EQUITY> 827,186,000
<SALES> 568,277,000
<TOTAL-REVENUES> 585,856,000
<CGS> 366,624,000
<TOTAL-COSTS> 366,624,000
<OTHER-EXPENSES> 52,351,000
<LOSS-PROVISION> 0
<INTEREST-EXPENSE> 8,608,000
<INCOME-PRETAX> 16,788,000
<INCOME-TAX> 6,995,000
<INCOME-CONTINUING> 9,793,000
<DISCONTINUED> 0
<EXTRAORDINARY> 0
<CHANGES> 0
<NET-INCOME> 9,793,000
<EPS-PRIMARY> .30
<EPS-DILUTED> 0
</TABLE>
